News

An investment specialist has extended its reach by opening a further office in the Perthshire town of Blairgowrie following a strong period of growth for the business. Scott James Wealth Management (SJWM), a representative of St James’s Place Wealth Management, was founded four years ago and i

The Financial Conduct Authority has given its approval for the sale of Glasgow-based fintech business Castlight allowing a takeover by consumer-credit giant Experian to complete. Castlight, which was founded in 2014 uses technology to combines bank account data with credit scores to give a rounded v

Earlier this year the UK government consulted on crowning HMRC with a promoted ranking in the insolvency of corporates and individuals. This month, it has published the draft 2019-2020 Finance Bill containing the legislative provisions that will bring this coronation into law. Michael Thomson,

Global asset management company Capital Dynamics has secured a £63 million loan from Aberdeen Standard Investments to finance The Whiteside Hill Wind Farm in Dumfries and Galloway. The wind farm is owned by funds managed by Capital Dynamics, under its Clean Energy Infrastructure investmen

Scots could save more than £60 million on their car insurance every year after a Glasgow law firm this week launched a smartphone app offering free legal expenses cover. Research by Glasgow-based personal injury lawyers Dallas McMillan has found that if everyone turns down their car

Profits at Lloyds Banking Group have been hit by a last-minute deluge claims for payment protection insurance (PPI) mis-selling compensation prior to the 29 August 2019 deadline. The group, which includes Bank of Scotland and Scottish Widows, reported that pre-tax profits fell 7 per cent in the six

Marisha Czoski, finance analyst with BlackRock in Scotland has been announced as the winner of the ACCA gold medal for the March 2019 exam session. Commenting on Marisha’s achievement Craig Vickery, head of ACCA Scotland, said: “To be awarded the ACCA gold medal – to be the fi

Brits don’t feel like ‘proper adults’ until they are 29 years old, new research carried out by Nottingham Building Society has revealed.

The owner of Clydesdale Bank, Yorkshire Bank and Virgin Money has seen its bottom line hit by lots of mortgages being paid off. CYBG signalled its full-year interest-rate margin would be at the lower end of previous guidance as it reported a dip in its mortgage book during the third quarter of its f

A new Scottish fintech business that provides corporate financiers with fully verifiable data on private company valuations is set to double in size over the next six months, having secured new investment. MarktoMarket, a Data-as-a-Service (DaaS) specialist based in Edinburgh, has rai

After a subdued start to 2019, Scotland’s economy is expected to grow more slowly than last year, echoing trends seen across the wider global economy, according to the EY Scottish ITEM Club’s summer forecast. The report says Scotland’s economy is expected to achieve non-oil GDP gro

Property wealth held in Scotland has increased ten-fold over the last 50 years, but the last decade has been marked by rising housing wealth inequality, according to a new Resolution Foundation report.

Today sees the release of the latest Equity Release Council and HMRC Pension Freedom figures with both reporting a record 12 months.

A plan to impose taxes on holiday let landlords is backed by 84 per cent of Scots, according to a new YouGov poll, with 63 per cent of these people saying that “all” or “most” of this money should be ring-fenced to improve local housing.

Murray Capital Group, the family investment vehicle chaired by former Rangers Football Club owner Sir David Murray, is set to sell a prestigious Edinburgh office building for close to £54 million, according to reports. The Edinburgh-based group is poised to complete the sale of Exchange Plaza